Corner Automotive Service
369 New Brunswick Avenue # 1 Fords, NJ 08863
369 New Brunswick Avenue # 1, Fords, NJ, 08863
Contact for pricing
For Sale
Contact for pricing
Long-established corner commercial property along New Brunswick Avenue with open space and parking capacity.
Property Size4,064 SF
Price / SF$442.91
Days on Market119
Property Features for 369 New Brunswick Avenue # 1
General Information
- Standard status
- Active
- Size
- 4,064 SF
- Property subtype
- Special Purpose
Building Details
- Year Built
- 1915
Listing agency
KELLER WILLIAMS CORNERSTONE
(908) 359-0893
Listed by
KIM MARKS
Source
Crexi
Added: Mar 26 Updated: Jul 21 at 1:59PM Checked: Jul 21 at 1:59PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KELLER WILLIAMS CORNERSTONE
Investment Insights
Based on property information with market context.
This long-established, family-owned commercial property has been operated since the early 1950s and is positioned on a highly visible corner lot. The offering includes valuable open space and parking capacity, supporting operational flexibility for a range of commercial uses.
Located along New Brunswick Avenue in Fords, New Jersey, the site is described as having excellent exposure and accessibility. The property is reported to be approximately 3.9 miles from the Outerbridge Crossing, providing convenient access toward Staten Island and the greater New York City area.
Designed to serve as a stable business location, the property is presented as a strong fit for automotive service, contractor use, or other commercial ventures that benefit from frontage visibility, open site area, and parking.
Located along New Brunswick Avenue in Fords, New Jersey, the site is described as having excellent exposure and accessibility. The property is reported to be approximately 3.9 miles from the Outerbridge Crossing, providing convenient access toward Staten Island and the greater New York City area.
Designed to serve as a stable business location, the property is presented as a strong fit for automotive service, contractor use, or other commercial ventures that benefit from frontage visibility, open site area, and parking.
Key Highlights
- Long‑established commercial corner property on New Brunswick Avenue with open space and parking capacity
- Built in 1915
- Family owned and operated since the early 1950s
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $87.8k | $21.60 |
| − Vacancy | −$4.9k | −$1.21 |
| EGI | $82.9k | $20.39 |
| − OpEx | −$24.9k | −$6.12 |
| NOI | $58.0k | $14.27 |
4,064 SF · lease $21.60/SF/yr · vacancy 5.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$828.7K
$725.1K – $966.8K
NOI $58,007 @ 7.0% cap · market cap 3.22%
Second Best
Industrial
$651.6K
$570.2K – $760.3K
NOI $45,615 @ 7.0% cap · market cap 2.53%
Theoretical Best
Office A
$1.06M
$928.5K – $1.24M
NOI $74,283 @ 7.0% cap · market cap 4.13%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Jerry's Speed Shop
Auto Parts Store
Ideal Garage
Auto Repair Shop
Similar For Sale Nearby
Similar Off Market Nearby
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- Alex’s Truck Road Service Repair 24/7. — 406 smith st, keasbey, nj 08832
- Alex Truck and Road Service — 406 smith st, keasbey, nj 08832
- Alex Road Service - Commercial Trucks, Onsite Truck & Trailer Repair — 406 Smith St, Keasbey, NJ 08832
FAQs
What type of property is this?
Auto shop - Long-established corner commercial property along New Brunswick Avenue with open space and parking capacity.
Where is this auto shop located?
The property is located at 369 New Brunswick Avenue # 1 Fords, NJ.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Long‑established commercial corner property on New Brunswick Avenue with open space and parking capacity; Built in 1915; Family owned and operated since the early 1950s
